I have gone on there plenty of times....I think the research and writing is great...most of it I do agree with but when you have a market that is backed by trillions of dollars and a fed that will do anything to keep the market and economy propped up most of what is written may not look like much on the inside but when the next collapse does take place you will be able to understand why it happened ...too many people are ignoring what's really happened but that can only be ignored for so long. It will be well after the collapse that you see the facts and points that were made until then greed rules wallstreet ....
Seen tonight in the comment section of ZH, good for a laugh if nothing else. "My asshole is gay but the rest of my body isn't."
You're not going to get any of these guys to admit that they've been wrong. I guess people don't understand that this is the response that The Fed regretted not taking during The Great Depression...failure to take such action made the depression last much longer than it had to. What's happening now is nothing more than us deleveraging from the leveraging that occurred around the mid 30's to early 40's.
Can't say they didn't warn us The Fed and other Central Banks have done everything they can to convince investors to buy stocks. They’ve cut interest rates over 500 times, with some region’s now actually charging depositors for the right to park their cash. They’ve bought over $10 trillion worth of bonds in varying forms of QE, perverting the price of “risk” across the board with the hope investors would move into risk assets. It worked for a time. Those who had a lot of money to begin with (the top 0.1%) rode the rally that has seen stocks more than triple from their 2009 lows. It’s not working anymore. The wealthy and superwealthy are now actively dumping stocks and moving into just about anything else. To whit: Gold bars ($300K+ per unit kind) are selling at a record pace, having risen over 200% from the year before. The contemporary art market broke above annual sales of $2 billion for the first time in history, rising over 40% from last year. Luxury real estate sales are hitting new records globally with some projects selling for over $5,000 per sq. foot in London and other cities. Billionaires are sitting on record amounts of cash. They’d rather earn nothing or even be charged than own stocks. What does this tell us about the stock market today? If the people who have benefitted the most from this raging bull market are moving OUT of stocks and into literally ANYTHING ELSE including cash, which is currently yielding next to nothing? Bear in mind, institutional investors have also been net sellers of stocks for all of 2014. And the individuals who know about their companies than anyone (corporate insiders) are unloading shares at a pace not seen since the height of the Tech Bubble? These people know the gravy train is about to run off the rails and they’re looking for safety. They don’t care if they miss out on another 5% gain in the stock market, they want to get out of stocks NOW. Wonder why? If you’ve yet to take action to prepare for the second round of the financial crisis, we offer a FREE investment report Financial Crisis "Round Two" Survival Guide that outlines easy, simple to follow strategies you can use to not only protect your portfolio from a market downturn, but actually produce profits. You can pick up a FREE copy at: http://www.phoenixcapitalmarketing.com/roundtwo.html Best Regards Phoenix Capital Research http://www.zerohedge.com/news/2014-11-07/smart-money-prepping-sp-500-collapse-450